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Elon Musk to receive 2019 Stephen Hawking Medal for Science Communication

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Elon Musk has been selected as one of the recipients of the 2019 Stephen Hawking Medal for Science Communication, an award created in honor of the legendary theoretical physicist for individuals who promote the public awareness of science. The SpaceX and Tesla CEO will be receiving the Stephen Hawking medal at the Starmus Festival this coming June in Zurich, Switzerland.

The Stephen Hawking Medal for Science Communication is a prestigious award in the scientific community, having been introduced back in 2015 at the Royal Society in London by a panel including the theoretical physicist himself. The medal honors individuals from three communities: the scientific community, the artistic community, and the film community. When he personally presented the medals at the Starmus Festival in June 2016, Hawking noted that the award “matters to me, to you, to the world as a whole.”

Elon Musk will be receiving the Stephen Hawking medal for the scientific community for his “astounding accomplishments in space travel and for humanity,” according to Starmus in a press release. Starmus founding member and PhD astrophysicist Brian May will be personally presenting the medal to Musk, who has been described by noted evolutionary biologist Richard Dawkins as a “hero for our times.”

Other recipients of the Stephen Hawking Medal for Science Communication this year are musician Brian Eno for his contribution to the popularisation of science, as well as Todd Douglas Miller’s documentary Apollo 11, which provides a “breakthrough look” at the mission that brought man to the Moon.

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The upcoming Starmus Festival is expected to be graced by some of the scientific community’s most prolific individuals. Educator Bill Nye will be the host of the ceremonies, and other notable individuals such as Apollo 11 astronaut Michael Collins and six other Apollo mission astronauts will be in attendance. Sir Michael Hintze, founder and Group Executive Chairman of asset management firm CQS and one of the supporters on Starmus, shared his excitement for this year’s awards.

“I am excited about our support for Starmus and the 2019 Stephen Hawking Medal. It is enabling us to better understand the origins and fate of our universe, where we have come from and where we might go. It is about intellectual curiosity, striving for knowledge and a journey of discovery about our planet and our place in the universe.  For science to grow and prosper we must excite and engage with our youth, and capture their imagination. The work being done here connects into the global scientific community and facilitates global collaboration,” he said.

This year’s awards are the first to be given since the death of Stephen Hawking, who personally invited Musk to Starmus prior to his passing. Starmus noted that this year’s awards are dedicated to the legacy of Hawking, and they are given in recognition of his affinity for applied technology.

Elon Musk is a polarizing figure in mainstream media today partly due to his celebrity CEO status and the public nature of his electric car and energy company, Tesla. Nevertheless, Musk has received numerous accolades over the years. Just this past January, Musk was dubbed as “Disruptor of the Year” for making the most ripples in the auto industry. Last year, Musk was also named as one of 2018’s best CEOs by Tesla and SpaceX employees, most likely due to his bold, hands-on leadership style.

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During the days of the Model 3 ramp, for example, Musk courted some headlines after he was sighted torquing bolts with Tesla’s workers during the rapid buildout of GA4. Musk also reportedly uses himself as Autopilot’s primary test subject, running aggressive test versions of the driver-assist system to check for bugs and the limits of the system’s capabilities. A member of Tesla’s Autopilot team previously noted that this has resulted in Musk finding himself in “situations that many of us wouldn’t want to be in.”

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

Elon Musk strikes down reports on SpaceX IPO rumors

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Credit: Grok

Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering.

The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.

This swift rebuttal underscores Musk’s ongoing effort to manage speculation surrounding one of the most anticipated market debuts in recent history.

According to the disputed reports, SpaceX had lowered its IPO valuation goal to at least $1.8 trillion from previous ambitions exceeding $2 trillion.

The claims emerged amid growing anticipation for the company’s confidential S-1 filing, which positions it for a potential public listing as early as June.

Some had pointed to strong revenue growth, particularly from the Starlink satellite internet service, which contributed heavily to the firm’s 2025 figures of $18.7 billion. Yet challenges persist in other areas, including substantial investments and losses tied to ambitious projects like Starship development and artificial intelligence initiatives, which plan to make life multiplanetary eventually.

Musk’s response highlights a pattern in which he actively counters what he views as inaccurate portrayals of his companies’ trajectories.

SpaceX, already valued privately at extraordinary levels, stands as a cornerstone of Musk’s empire alongside Tesla and xAI. The entrepreneur has long emphasized the transformative potential of reusable rockets and global broadband access, factors that fuel investor enthusiasm despite operational hurdles.

By rejecting the valuation downgrade narrative, Musk signals confidence in SpaceX’s fundamentals and its readiness for public markets on terms favorable to its long-term vision. People have been waiting a very long time to invest in SpaceX, and the valuation, as well as the introductory share price, is not going to need adjusting.

They’ll have plenty of suitors.

SpaceX just filed for the IPO everyone was waiting for

This episode reflects broader dynamics in the technology sector, where rumors often swirl around high-profile entities. Musk’s direct engagement with media narratives serves to maintain transparency and control the narrative around his ventures.

As SpaceX prepares for greater scrutiny in public markets, the founder’s denial reinforces optimism about its prospects. Supporters argue that the company’s innovative edge positions it for enduring success, far beyond short-term valuation debates. With the denial now public, attention turns to forthcoming regulatory filings that could provide clearer insights into SpaceX’s strategy and financial health.

The coming weeks promise to reveal more about how SpaceX will transition into a publicly traded powerhouse.

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Tesla’s Robotaxi dreams just took a massive step toward reality

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Credit: Tesla

Tesla’s dreams of operating a fully autonomous ride-hailing platform just took a massive step toward reality, as two separate events have indicated the company is perhaps closer than ever to achieving self-driving as a product.

On Thursday, Tesla was granted authorization by the State of Texas to operate driverless vehicles in a commercial manner. On May 28, Senate Bill 2807, passed by the 89th Texas Legislature, took effect after being passed back on September 1, 2025.

The bill establishes a statewide regulatory framework requiring authorization from the Texas Department of Motor Vehicles for companies to operate automated vehicles commercially on Texas roads.

This covers driverless, or SAE Level 4+, operations for passenger transport, meaning Robotaxi, or freight.

Tesla and other companies can self-certify their vehicles and tech as long as they:

  • Operate in compliance with Texas traffic laws
  • Maintain proper registration, title, and insurance
  • Use compliant automated driving systems
  • Record onboard activity and handle system failures and glitches safely.

The new authorization, which was first reported by James Stephenson on X, allows companies to utilize their own processes to determine if their vehicles are ready to operate without drivers.

It is a rule that expedites the entire approval process, keeping agencies out of a usually long, lengthy, and frustrating task that is essential to technological advancements. It essentially means Tesla can launch commercial Robotaxi operations at this point.

On the very same day, Tesla continued the momentum as CEO Elon Musk shared a video of Cybercab units autonomously driving off the property at Gigafactory Texas. This is a major step in the story of the Cybercab.

Mass production of the Cybercab started at Giga Texas in April, and it is already heading out of the factory on its own.

These two major events mark a drastic step forward in Tesla’s progress toward Cybercab and the permissions it needs to operate a self-driving ride-hailing service. Tesla is now able to operate autonomously under Texas law by self-certifying, and with the potentially imminent rollout of Cybercab, Tesla’s autonomous dreams are starting to take serious shape.

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The Tesla and SpaceX merger everyone is talking about is quietly building

Tesla and SpaceX may be closer to merging than Wall Street or either company is admitting.

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Elon Musk has reportedly discussed merging Tesla and SpaceX with people close to him, according to CNBC, which cited sources familiar with the conversation. Tesla employees have long expected such a transaction and the topic is openly discussed internally, according to internal sources. With SpaceX is days away from kicking off its Wall Street roadshow for what could be the largest IPO in market history, this would be the first time the company will have public market currency to execute a stock-for-stock deal with Tesla.

The financial logic for a merger would make sense. A combined SpaceX and Tesla would create a conglomerate spanning rockets, satellites, electric vehicles, AI infrastructure, and energy storage valued at roughly $3.35 trillion to $3.6 trillion based on SpaceX’s IPO target range and Tesla’s current market capitalization. The two companies are already more intertwined than most people realize. SpaceX bought $697 million worth of Tesla Megapack systems for xAI data centers and $131 million worth of Cybertrucks. Tesla invested $2 billion in xAI, which subsequently merged with SpaceX. Past transactions also include Tesla selling solar equipment and parts to SpaceX, and SpaceX helping with Cybertruck materials.

Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI

Musk himself signaled where this was heading in November 2025 when he posted on X, “My companies are, surprisingly in some ways, trending towards convergence.” Tesla and SpaceX announced a joint semiconductor fabrication facility in Austin called Terafab on the Gigafactory Texas campus, covering two advanced chip factories, with one serving Tesla’s AI needs for vehicles and Optimus robots, the other targeting space-based data centers under SpaceX’s infrastructure vision.

Wedbush analyst Dan Ives places the probability of a merger at 80% to 90% with a target completion in the first half of 2027. The mechanics of a deal became possible the moment SpaceX filed its S-1. Legal experts said a merger likely would not spark antitrust issues but would raise concerns among shareholders in each company, with questions around which company would be the parent, how a stock swap would take place, and who determines the appropriate price. Musk holds about 20% of Tesla’s equity but controls 85.1% of SpaceX’s voting power through a super-voting share class, meaning he would largely be negotiating the terms with himself.

Elon Musk explains why he cannot be fired from SpaceX

Not everyone is convinced the timing is imminent. Traders on Kalshi place only 33% odds that a merger will happen before May 2027. The more immediate concern for Tesla shareholders is whether the SpaceX IPO pulls capital and Musk’s attention away from Tesla before any merger consolidates the upside for both.

What is clear is that the structural groundwork is already being laid. The Terafab announcement, the xAI merger, the shared supply chain, the cross-company balance sheet transactions, and now the IPO all point in the same direction. Whether the merger follows in 2027 or later, the two companies are already operating more like divisions of a single entity than independent competitors.

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